Consumer Credit

October 12th, 2017|Comments Off on Consumer Credit

Total consumer credit increased by $13.10 billion, (B) in August, well off analysts’ expectations of $16B. Non-revolving credit moved-up by $7.3B, while revolving credit advanced by $5.8B. Consumer credit increased at a seasonally adjusted annual [...]

Employment by Industry

October 10th, 2017|Comments Off on Employment by Industry

For the first time in nearly seven years the U.S. economy lost jobs as the latest jobs report from the Bureau of Labor Statistics (BLS) reported that the economy shed 33,000 jobs in September. The [...]

Currency Report

October 9th, 2017|Comments Off on Currency Report

After a rapid rise between 2014 and 2016, the Broad Index, has fallen month on month, (m/m) for the eight month in a row. On a three moving average, (3MMA) y/y comparison, the dollar has [...]

The Baltic Dry Index

October 5th, 2017|Comments Off on The Baltic Dry Index

The September BDI three month moving average jumped 17.3% month on month (m/m) and surged 54.5% on a year on year, (y/y) comparison. The BDI has averaged 1,022 over the past 12 months, ranging from [...]

Growth of US GDP Q2 2017

October 4th, 2017|Comments Off on Growth of US GDP Q2 2017

U.S. GDP performed a little better than initially reported. The annualized Gross Domestic Product (GDP), growth rate in the third estimate of the second quarter, (Q2) of 2017 was revised upwards to 3.1%. This was [...]

Consumer Confidence

September 28th, 2017|Comments Off on Consumer Confidence

Consumer confidence slipped a bit in September as the Conference Board Consumer Confidence Composite fell 0.6 points to 119.8 points. Despite the slight decline, confidence remains at an elevated level. The composite index three month [...]